Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Wheat - Weekly Inspection report
CBOT, April 2, 2004
Mondays weekly export inspection report showed 23.4 m.b. were inspected for near term export up fro 15.2 the week prior. Inspections are up 216 m.b. on the year. The overall number on the week is a positive demand signal considering our lofty prices last week. Thursdays weekly export sales report showed 166 t.t. of wheat was sold last week off 76% from the week prior and 71% under the four week average. This was credited to contract high prices last week before our drop. The acreage report showed all wheat variety acres at 59.5 m.a. a 4% decline from the year prior and in line with expectations. Winter wheat states Texas and Colorado look to receive good rains over the weekend but Kansas and Nebraska look dry. Kansas crop ratings dropped last week so, rain is needed badly now as emergence enters. Spring wheat wont go to seed until late April. Don't buy July wheat unless a close over 4.22 happens. If your long buy a M ay 4.00 put for 8 cents as insurance. Demand remains weak so weather on emerging winter wheat is wheat's best hope for a rally. On Monday we turn to WXRISK.COM for the weeks weather . If dryness is called for we buy with 10 cent stops or puts to protect.
MGR Archive 4.4.2004
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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